From Dealroom · · 40s
Blackstone Launches Global Private Markets Fund
Blackstone opens $1.3tn private markets platform for non-US investors.
In brief
Blackstone opens $1.3tn private markets platform for non-US investors. Blackstone launched the Blackstone Private Markets Fund (BXPM) to let non-US investors access its private markets platform through a single allocation for the first time. Originally reported by Dealroom.
Blackstone launches BXPM
Blackstone has launched the Blackstone Private Markets Fund (BXPM) for non-US investors to access private markets through a single allocation for the first time.
“We have thoughtfully designed BXPM to enable investors to access private equity infrastructure real estate and private credit in a single intentionally constructed portfolio, essentially it's private markets simplified by Blackstone”
BXPM covers multiple strategies
The fund spans private equity credit real estate and infrastructure for non-US investors through Blackstone Portfolio Solutions.
BXPM aims to simplify access
Blackstone wants to simplify how investors buy into its perpetual funds by packaging breadth into one product for overseas clients.
The takeaway
Blackstone launched the Blackstone Private Markets Fund (BXPM) to let non-US investors access its private markets platform through a single allocation for the first time.
